Best of the Week
Most Popular
1. US Housing Market Real Estate Crash The Next Shoe To Drop – Part II - Chris_Vermeulen
2.The Coronavirus Greatest Economic Depression in History? - Nadeem_Walayat
3.US Real Estate Housing Market Crash Is The Next Shoe To Drop - Chris_Vermeulen
4.Coronavirus Stock Market Trend Implications and AI Mega-trend Stocks Buying Levels - Nadeem_Walayat
5. Are Coronavirus Death Statistics Exaggerated? Worse than Seasonal Flu or Not?- Nadeem_Walayat
6.Coronavirus Stock Market Trend Implications, Global Recession and AI Stocks Buying Levels - Nadeem_Walayat
7.US Fourth Turning Accelerating Towards Debt Climax - James_Quinn
8.Dow Stock Market Trend Analysis and Forecast - Nadeem_Walayat
9.Britain's FAKE Coronavirus Death Statistics Exposed - Nadeem_Walayat
10.Commodity Markets Crash Catastrophe Charts - Rambus_Chartology
Last 7 days
Stock Investors What to do if Trump Bans TikTok - 5th Aug 20
Gold Trifecta of Key Signals for Gold Mining Stocks - 5th Aug 20
ARE YOU LOVING YOUR SERVITUDE? - 5th Aug 20
Stock Market Uptrend Continues? - 4th Aug 20
The Dimensions of Covid-19: The Hong Kong Flu Redux - 4th Aug 20
High Yield Junk Bonds Are Hot Again -- Despite Warning Signs - 4th Aug 20
Gold Stocks Autumn Rally - 4th Aug 20
“Government Sachs” Is Worried About the Federal Reserve Note - 4th Aug 20
Gold Miners Still Pushing That Cart of Rocks Up Hill - 4th Aug 20
UK Government to Cancel Christmas - Crazy Covid Eid 2020! - 4th Aug 20
Covid-19 Exposes NHS Institutional Racism Against Black and Asian Staff and Patients - 4th Aug 20
How Sony Is Fueling the Computer Vision Boom - 3rd Aug 20
Computer Gaming System Rig Top Tips For 6 Years Future Proofing Build Spec - 3rd Aug 20
Cornwwall Bude Caravan Park Holidays 2020 - Look Inside Holiday Resort Caravan - 3rd Aug 20
UK Caravan Park Holidays 2020 Review - Hoseasons Cayton Bay North East England - 3rd Aug 20
Best Travel Bags for 2020 Summer Holidays , Back Sling packs, water proof, money belt and tactical - 3rd Aug 20
Precious Metals Warn Of Increased Volatility Ahead - 2nd Aug 20
The Key USDX Sign for Gold and Silver - 2nd Aug 20
Corona Crisis Will Have Lasting Impact on Gold Market - 2nd Aug 20
Gold & Silver: Two Pictures - 1st Aug 20
The Bullish Case for Stocks Isn't Over Yet - 1st Aug 20
Is Gold Price Action Warning Of Imminent Monetary Collapse - Part 2? - 1st Aug 20
Will America Accept the World's Worst Pandemic Response Government - 1st Aug 20
Stock Market Technical Patterns, Future Expectations and More – Part II - 1st Aug 20
Trump White House Accelerating Toward a US Dollar Crisis - 31st Jul 20
Why US Commercial Real Estate is Set to Get Slammed - 31st Jul 20
Gold Price Blows Through Upside Resistance - The Chase Is On - 31st Jul 20
Is Crude Oil Price Setting Up for a Waterfall Decline? - 31st Jul 20
Stock Market Technical Patterns, Future Expectations and More - 30th Jul 20
Why Big Money Is Already Pouring Into Edge Computing Tech Stocks - 30th Jul 20
Economic and Geopolitical Worries Fuel Gold’s Rally - 30th Jul 20
How to Finance an Investment Property - 30th Jul 20
I Hate Banks - Including Goldman Sachs - 29th Jul 20
NASDAQ Stock Market Double Top & Price Channels Suggest Pending Price Correction - 29th Jul 20
Silver Price Surge Leaves Naysayers in the Dust - 29th Jul 20
UK Supermarket Covid-19 Shop - Few Masks, Lack of Social Distancing (Tesco) - 29th Jul 20
Budgie Clipped Wings, How Long Before it Can Fly Again? - 29th Jul 20
How To Take Advantage Of Tesla's 400% Stock Surge - 29th Jul 20
Gold Makes Record High and Targets $6,000 in New Bull Cycle - 28th Jul 20
Gold Strong Signal For A Secular Bull Market - 28th Jul 20
Anatomy of a Gold and Silver Precious Metals Bull Market - 28th Jul 20
Shopify Is Seizing an $80 Billion Pot of Gold - 28th Jul 20
Stock Market Minor Correction Underway - 28th Jul 20
Why College Is Never Coming Back - 27th Jul 20
Stocks Disconnect from Economy, Gold Responds - 27th Jul 20
Silver Begins Big Upside Rally Attempt - 27th Jul 20
The Gold and Silver Markets Have Changed… What About You? - 27th Jul 20
Google, Apple And Amazon Are Leading A $30 Trillion Assault On Wall Street - 27th Jul 20
This Stock Market Indicator Reaches "Lowest Level in Nearly 20 Years" - 26th Jul 20
New Wave of Economic Stimulus Lifts Gold Price - 26th Jul 20
Stock Market Slow Grind Higher Above the Early June Stock Highs - 26th Jul 20
How High Will Silver Go? - 25th Jul 20
If You Own Gold, Look Out Below - 25th Jul 20
Crude Oil and Energy Sets Up Near Major Resistance – Breakdown Pending - 25th Jul 20
FREE Access to Premium Market Forecasts by Elliott Wave International - 25th Jul 20
The Promise of Silver as August Approaches: Accumulation and Conversation - 25th Jul 20
The Silver Bull Gateway is at Hand - 24th Jul 20
The Prospects of S&P 500 Above the Early June Highs - 24th Jul 20
How Silver Could Surpass Its All-Time High - 24th Jul 20

Market Oracle FREE Newsletter

How to Get Rich Investing in Stocks by Riding the Electron Wave

Investment Profit Opportunities in India

Stock-Markets / India Sep 13, 2009 - 12:48 AM GMT

By: Tony_Sagami

Stock-Markets

Best Financial Markets Analysis ArticleI write a lot about China, but it isn’t the only country I pay close attention to. Another country that deserves your careful investment attention is India.

First of all, India is Asia’s third-largest economy after Japan and China. And with 1.2 billion citizens, it is the second most-populous country on the planet.


India has weathered the global economic storm better than some of its Asian export-dependent countries, such as Japan, South Korea, and Singapore.

How unscathed is India? According to the Central Statistical Organization, the government of India’s official stat keeper, India’s gross domestic product growth accelerated to 6.1 percent in the second quarter.

That’s up from 5.8 percent in the first quarter of this year.

Going forward, the Reserve Bank of India is predicting 6 percent economic growth for 2009 but also says that India could very well surpass that target with an “upward bias.”

I agree. So does Indian Finance Secretary Ashok Chawla who expects GDP to grow by more than 6.5 percent this year.

The financial services sector was India’s fastest-growing sector in the most-recent quarter.
The financial services sector was India’s fastest-growing sector in the most-recent quarter.

It doesn’t hurt that the Indian government has been aggressively spreading around $100 million of its own stimulus spending.

By the way, $100 million may sound like peanuts compared to the trillions the Obama administration is spending, but it is a huge percentage of India’s total economy.

Where is India growing the most?

arrow Profit Opportunities in India  Mining and financial services were the top two sectors, growing by 7.9 percent and 8.1 percent respectively.

arrow Profit Opportunities in India  Manufacturing in India rebounded to 3.4 percent.

arrow Profit Opportunities in India  Electricity consumption, one of my favorite growth indicators, increased by 6.2 percent.

arrow Profit Opportunities in India  Lastly, government spending increased to 9.9 percent of GDP in the latest quarter from 9.6 percent in the same period last year.

Yup, India has a strong economy, but rather than take my word for it, look at what some of the biggest names in transportation are doing.

Volkswagen and Toyota have announced plans to spend more than $6 billion between now and 2012 to build factories in India.

“Our target is to achieve a production of 200,000 units by 2015. With the launch of the compact car by the end of 2010 or beginning 2011, we aim to reach our target,” said a Toyota executive.

Volkswagen expects to sell 2 million cars in India by 2014: “We are looking at a 10 percent increase in sales next year and Volkswagen forecasts 2 million car sales in India by 2014.”

Also, Harley-Davidson is opening dealerships in India this year. “The strong Indian economy, the growing middle class and the tremendous government investment in infrastructure, makes this the perfect time for our entry,” said President Matthew Levatich.

13 Indian Blue Chips On the NYSE
Dr. Reddy’s Laboratories (RDY)
HDFC Bank (HDB)
ICICI Bank (IBN)
Infosys Technologies (INFY)
Mahanagar Telephone (MTE)
Patni Computer Systems (PTI)
Rediff.com (RDIF)
Satyam Computer Services (SAY)
Sify Technologies (SIFY)
Sterlite Industries (SLT)
Tata Communications (TCL)
Wipro Holdings (WIT)
WNS Holdings (WNS)

There’s no question India is booming, so the question you should be asking yourself is ‘how’ to add some Indian spice to your investment portfolio.

It is easier to invest in India than you may think. Here are 13 large, blue-chip Indian companies listed on the New York Stock Exchange and Nasdaq:

Or if you’re more of an Exchange Traded Fund (ETF) investor, you should look at WisdomTree India Earnings (EPI) or PowerShares India (PIN).

EPI’s holdings are based on an earnings-weighted index of 150 companies listed on the Mumbai Stock Exchange that issue common shares that allow foreign ownership.

PIN is made up of 50 of the largest Indian stocks.

As you can see, investing in India is easy. More importantly, investing in India should be a very profitable move.

Regards,

Tony

This investment news is brought to you by Uncommon Wisdom. Uncommon Wisdom is a free daily investment newsletter from Weiss Research analysts offering the latest investing news and financial insights for the stock market, precious metals, natural resources, Asian and South American markets. From time to time, the authors of Uncommon Wisdom also cover other topics they feel can contribute to making you healthy, wealthy and wise. To view archives or subscribe, visit http://www.uncommonwisdomdaily.com.

Uncommon Wisdom Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules